2 July 2008 Archive

London prices drop most since 2002

London house prices go underground

House prices in London fell 1.7 per cent in June.

Construction faces slowdown

Builders plan for better times in property crunch

Construction levels in the UK economy are falling at the fastest rate since the first quarter of 1995, according to the Royal Institution of Chartered Surveyors (Rics).

Abbey launches 10-year fixed rate mortgage

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Abbey is launching a new ten-year fixed-rate mortgage at 6.24 per cent from July 4th.

Construction in turmoil

Construction faces tough time

Even by recent standards today has been a truly negative day for the UK property industry - with a host of sources pointing to a major slowdown in the market.

Interest rate monitor

Interest rate decision

What will be going through the minds of the MPC when it makes its interest rate decision on Thursday? <i>Sarah Routledge <i> looks at the data keeping rate setting up at night.

Housing equity withdrawal slump continues

Equity withdrawal levels fall

The property market correction is leading to a slump in the housing equity market is continuing according to the latest figures from the Bank of England.

Taylor Wimpey cuts 900 jobs

Taylor Wimpey hammered as property market slows

Housebuilder Taylor Wimpey is set to cut 900 UK jobs.

Construction slumps at fastest rate in decade

Builders face sudden massive slowdown

The UK construction industry saw reported activity fall at the fastest rate in its history in June, new figures out today show.

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